HomeMy WebLinkAboutR-86-0435J-86-489
6/3/86
RESOLUTION NO. 86-435,
A RESOLUTION APPROVING THE CITY ATTORNEY'S
SELECTION AND AUTHORIZING THE EMPLOYMENT OF
THE LAW FIRM OF GREENBERG, TRAURIG, ASKEW,
HOFFMAN, LIPOFF, ROSEN & QUENTAL, P.A. TO
SERVE AS PRIMARY BOND COUNSEL FOR THE
ISSUANCE OF $22,000,000 CITY GENERAL
OBLIGATION BONDS, SERIES 1986, SAID LAW FIRM
TO RECEIVE PAYMENT FOR SERVICES AT THE HOURLY
RATE AS SET FORTH IN ITS MAY 1, 1988
CORRESPONDENCE TO THE CITY ATTORNEY, SUBJECT
TO A MAXIMUM PAYMENT OF $1.00 PER $1,000 OF
BONDS ISSUED ($22,000) WITH THE MONIES
THEREFOR TO BE PAID FROM THE PROCEEDS OF THE
SALE OF SAID BONDS.
BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI, FLORIDA:
Section 1. The City Attorney is hereby authorized to
employ the law firm of Greenberg, Traurig, Askew, Hoffman, Lipoff,
Rosen & Quentel, P.A., which she has selected to serve as primary
bond counsel for the issuance of $22,000,000 City General
Obligation Bonds, Series 1986, said law firm to receive payment
for services at the hourly rate as set forth in its May 1, 1096
correspondence to the City Attorney, subject to a maximum payment
of $1.00 per $1,000 of bonds issued ($22,000) with the monies
therefor to be paid from the proceeds of the sale of said bonds.
PASSED AND ADOPTED this 12th day of JUNE 1986.
XAVIER L. &#AREZ
AT S MAYOR
MAT Y HIRAI, CITY CLERK
PREPARED AND APPROVED BY:
HBItT CLARK
CHIEF DEPUTY CITY ATT B
APPROVED AS TO FORM AND CORRECTNESS:
LUCIA A. DOUGHERTY
CITY ATTORNEY
RFC/rr/M131
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JUN is 1m
86~43 ;,
CITY •OF MIAMI, FLORIDA
INTER -OFFICE MEMORANDUM
TO Carlos E. Garcia DATE June 3, 1988 FILE
Finanoe'Direotor
1 SUBJECT Requested Legislation,
/ J-86-487
FROM Lucia A. Dougherty REFERENCES: June 12, 1986 Agenda
City Attorney 1.
ENCLOSURES C1
Because of the multiple sources of issues which comprise the
proposed $22,000,000 total general obligation bond sale, this
office has recognized that a fair and reasonable fee for the
designated bond counsel in this instance is $1.00 per thousand
($22,000). Accordingly, we recommend that the attached
resolution retaining Greenberg, Trauig, Askew, Hoffman, Lipoff,
Rosen V Quental, P.A. as bond counsel for this bond sale be
placed on the June 12, 1988 Agenda.
LAD/RFC/rr/P2253
oo: Cesar H. Odio, City Manager
Attn: Alberto Ruder, Special Assistant
to the City Manager
t
86-435:
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